[Form 3] dLocal Ltd Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
dLocal Ltd filed an initial insider ownership report for Chief Technology Officer Gabriela Vieira Santos e Santos, detailing her current equity position. She directly holds 133,947 Class A Common Shares, including 64,556 shares subject to outstanding restricted stock units that will vest based on continued service.
She also holds stock options to purchase Class A Common Shares, including options with an exercise price of $8.9200 expiring on January 27, 2033 covering 320,000 underlying shares, options at $8.9200 expiring on May 26, 2032 covering 12,000 underlying shares, and options at $7.4400 expiring on June 30, 2031 covering 10,000 underlying shares. Footnotes describe multi-year vesting schedules, with portions already vested and remaining tranches scheduled to vest through 2028, subject to her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
Footnotes (1)
- Includes 64,556 Class A Common Shares subject to outstanding restricted stock units which will vest based on the Reporting Person's continued service through the applicable vesting date. Represents stock options to purchase Class A Common Shares. The vesting commencement date is January 27, 2023 and the options vest in five installments on each anniversary of the vesting commencement date, subject to the Reporting Person's continued service through the applicable vesting date. As of the date of this report, 80,000 of the options have vested, and 80,000 of the remaining options will vest on each of January 27, 2027 and January 27, 2028. Represents stock options to purchase Class A Common Shares. The vesting commencement date is May 26, 2022 and the options vest in five equal installments on each anniversary of the vesting commencement date, subject to the Reporting Person's continued service through the applicable vesting date. As of the date of this report, 12,000 of the options have vested, and 4,000 of the remaining options will vest on each of May 26, 2026 and May 26, 2027. Represents stock options to purchase Class A Common Shares. The vesting commencement date is June 30, 2021 and the options vest in five equal installments on each anniversary of the vesting commencement date, subject to the Reporting Person's continued service through the applicable vesting date. As of the date of this report, 16,000 of the options have vested and the remaining 4,000 options will vest on June 30, 2026.
